Editor: David Reiss
Brooklyn Law School

May 2, 2022

Foreclosure Echo

By David Reiss

  David Reiss CC BY-NC-SA Linda Fisher recently posted a pdf of The Foreclosure Echo: How the Hardest Hit Have Been Left out of the Economic Recovery, a book she co-authored with Judith Fox. It came out before the pandemic, … Continue reading

October 5, 2020

Buying out of Foreclosure

By David Reiss

US News & World Report quoted me in How to Buy a Foreclosed Home. It opens,  AS HOME PRICES SOAR IN many cities, buyers may look to foreclosures to land bargains on houses. Foreclosure happens when a borrower can no longer … Continue reading

October 26, 2018

How To Buy A Foreclosed Home

By David Reiss

US News & World Report quoted me in  How to Buy a Foreclosed Home. It opens, As home prices soar in many cities, buyers might look to foreclosures as an affordable option for landing their dream home. Typically, a foreclosure occurs … Continue reading

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October 26, 2018 in foreclosure | Permalink | No Comments

February 12, 2018

Redefault Risk After the Mortgage Crisis

By David Reiss

  Paul Calem et al. of the Phillie Fed posted Redefault Risk in the Aftermath of the Mortgage Crisis: Why Did Modifications Improve More Than Self-Cures? The abstract reads, This paper examines the redefault rate of mortgages that were selected for modification … Continue reading

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February 12, 2018 in foreclosure | Permalink | No Comments

November 6, 2017

A Shortage of Short Sales

By David Reiss

Calvin Zhang of the Federal Reserve Bank of Philadelphia has posted A Shortage of Short Sales: Explaining the Under-Utilization of a Foreclosure Alternative to SSRN. The abstract reads, The Great Recession led to widespread mortgage defaults, with borrowers resorting to both … Continue reading

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November 6, 2017 in foreclosure | Permalink | No Comments

October 2, 2017

Foreclosure Alternatives

By David Reiss quoted me in 3 Foreclosure Alternatives: What to Do Before Your Mortgage Goes Underwater. It opens, Maybe you’ve missed a couple of monthly mortgage payments. Maybe a notice of default from your lender is looming right now. You understand the severity of … Continue reading

May 15, 2017

Buying a Foreclosure or Short Sale

By David Reiss

DailyWorth quoted me in Should I Buy a Foreclosure or Short Sale? It reads, in part, I’m looking to buy a new home, and I’ve noticed that there are a couple of “short sale” and foreclosed homes in the area where … Continue reading